+102

If a billion dollar company went bankrupt another billion dollar company will just buy them and absorb there assets.. the great machine marches on, amirite?

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Milkzeys avatar Money & Economics
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That's how capitalism works. Also presents the opportunity for someone with less assets to aquire more assets at a lower cost. When I started my shop, one of the best things that happened for my shop was a Midas going out of business. I bought everything I could afford. Made for a tough month but allowed me to have equipment at a quarter of the month and allowed me to hire two more guys.

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